The cost of the sector’s total crude oil imports decreased in the first 10 months of 2019 to $1.29 billion, compared to $1.6 billion in 2018, a $280 million year-on-year (YOY) decline, Amwal Al Ghad Reported.
The imported fuel quantities amounted to $8.31 billion, in comparison to $11.3 billion in 2018.
The imports of petroleum products were worth $5.64 billion in the period from January to October, comparing to $7.5 billion in 2018.
The cost of coal’s imports declined to $492 million, in contrast of $508 million in 2018.
Egypt’s current crude oil and condensates production reached to 650,000 barrels per day (b/d).